To boost its standing as a worldwide hub, Saudi Arabia has launched five new visa categories dubbed “Premium Residency Products” to draw in investors and highly qualified workers.
The project seeks to accelerate the Kingdom of Saudi Arabia’s economic transition by generating job opportunities and promoting knowledge exchanges. The Special Talent, Gifted, Investor, Entrepreneur, and Real Estate Owner Residency visa categories are the newest ones, and they will provide holders with unmatched chances to settle in Saudi Arabia.
The new visas are explicitly designed for investors, working professionals, and talented people who fall into certain groups.
The five new Premium Residency products were introduced by Dr. Majid bin Abdullah Alkassabi, Chairman of the Board of the Premium Residency Center, on Wednesday. He emphasized that this move will quicken Saudi Arabia’s transition to a knowledge-based, diversified economy in new areas.
He also emphasized that everyone who can contribute to the national economy and actively engage in Saudi Arabia’s fast development under Saudi Vision 2030 is welcome to apply for any Premium Residency product.
